Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards the Funding Authority. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the Funding Authority.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards the European Commission. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the European Commission.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards the Programme Operator. Neither the Project Promoter nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the Programme Operator.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards the Funding Authority. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the Funding Authority. This accounting system cannot be affected by the Funding Authority, by the consortium or one of the Parties, as is stated in the Grant Agreement. Experience shows that this is often not well understood and in consequence gives rise certain problems. Making it part of this CA, is to ensure that the principle is maintained.
Justifying Costs. In accordance with its own usual accounting and management principles and practices - which may be verified by TKI Agri&Food or EZ - each Party shall be solely responsible for justifying its costs incurred with respect to the Project. Where an audit certificate is required, Parties shall provide such certificate at their own costs.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Beneficiary shall be solely responsible for justifying its costs (and those of its Affiliated Entities, if any) with respect to the Project towards the Granting Authority. Neither the Coordinator nor any of the other Beneficiaries shall be in any way liable or responsible for such justification of costs towards the Granting Authority.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs (and those of its Affiliated Entities, if any) with respect to the Project towards the Granting Authority. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the Granting Authority. This accounting system cannot be affected by the Granting Authority, by the consortium nor one of the Parties, as is stated in the Grant Agreement. Experience shows that this is often not well understood and in consequence gives rise to certain problems. Making it part of this CA, is to ensure that the principle is maintained. Beneficiaries also have to justify the costs of affiliated entities as they are responsible for compliance by the affiliated entities and liable according to the MGA (4.4 Data Sheet: “Each beneficiary is liable only for its own debts (and those of its affiliated entities, if any).”).
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs as well as the costs of the Third Party Linked to a Beneficiary it may represent according to Special Clause 10 of the Grant Agreement with respect to the Project towards the European Commission. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the European Commission.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards its NFA and the AAL CMU. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs. The Consortium Budget shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.
Justifying Costs. In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs and other financial information required to be submitted to the Joint Undertaking. Neither the ITD Coordinator, the ITD Co-Leader nor any of the other Parties shall be in any way liable or responsible for any such justification of costs, expenses or a Party's expenditure provided by the ITD Coordinator to the Joint Undertaking.
